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Walgreens appoints Timothy McLevish as CFO and EVP

Staff writer | Deerfield, Ill., USA | August 5, 2014
WalgreensAugust 5, 2014, Deerfield, Ill., USA - Walgreens, a drugstore chain, announced the appointment of Timothy McLevish as Walgreens executive vice president and chief financial officer.
Mr. McLevish comes to Walgreens from Kraft Foods Group, Inc., one of North America’s largest consumer packaged food and beverage companies, where he most recently served as executive vice president and chief financial officer.

Prior to Kraft, he served in chief financial officer roles for Ingersoll-Rand, the diversified industrial company, and Mead Corporation, a forestry products company. He also served in a leadership role at Zellerbach Paper Company, where he was vice president and general manager.

Mr. McLevish is a graduate of the University of Minnesota with a bachelor’s degree in accounting and economics, and also earned a master’s degree in business administration from Harvard University.

He succeeds Wade D. Miquelon, executive vice president, chief financial officer and president of international for Walgreens, who will continue as an advisor to assist the company with the transition as it considers the exercise of Step 2 of its strategic partnership with Alliance Boots. Mr. Miquelon also will move forward to pursue several new opportunities outside of the company.

Mr. Miquelon joined Walgreens in June 2008 as senior vice president and chief financial officer, and was promoted to executive vice president in 2009. In 2012, following his leadership in establishing Walgreens strategic partnership with Alliance Boots in June of that year, Mr. Miquelon assumed an expanded and global leadership role as executive vice president, chief financial officer and president, international, and joined the board of Alliance Boots.

As he continued to lead Walgreens finance functions as chief financial officer, Mr. Miquelon also served as Wasson’s senior leader in collaborating with the Alliance Boots management team to execute the new global strategic partnership. Among many other achievements at Walgreens, he played a central role in launching and advancing the Walgreens-Alliance Boots strategic partnership.

In March 2013, Mr. Miquelon also led the establishment of the Walgreens-Alliance Boots strategic, long-term relationship with AmerisourceBergen of Valley Forge, Penn., to streamline the distribution of pharmaceuticals and leverage global supply chain efficiencies.